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13 New Grayscale Candidates, Goldman Galaxy, Danske Upholds BTC Ban + More News
18.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Investment company Grayscale Investments has expanded their list of assets that they’re considering for inclusion into their...
Over 3,000 ATMs in Beijing Offer Digital Yuan Withdrawals
18.6.2021
Leading Chinese banks have introduced digital yuan withdrawals at more than 3,000 ATM locations in Beijing. Residents of the capital city will now be able to exchange their e-CNY funds for cash and vice versa. Some of the teller machines are located in a popular shopping area. Banks Launch Support...
Goldman Sachs to offer Bitcoin futures trading in partnership with Galaxy Digital
18.6.2021
Mike Novogratz’s Galaxy Digital will serve as the counterparty entity for Goldman Sachs’s Bitcoin futures trading product
Bitcoin price falls below $37K amid little hope of a definitive weekend bounce
18.6.2021
Support at $36,000 may also be temporary, one trader warns, after a major Binance buy wall is obliterated
Spain’s BBVA Opens Bitcoin Trading to All Private Banking Clients in Switzerland
18.6.2021
Spain’s second-largest bank, BBVA, is opening up its bitcoin trading and custody service to all private banking clients in Switzerland in a few days. The bank has been testing the cryptocurrency service for six months. “The bitcoin management system is fully integrated” in...
Joining the ranks: Bitcoin’s correlation with gold and stocks is growing
18.6.2021
BTC used to be an uncorrelated asset, but that’s no longer the case. What can gold and stocks suggest about the crypto markets?
Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst
18.6.2021
Bitcoin's production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows
Nestree Launches a Reward-Based Digital Commerce “Nestree Mall”
18.6.2021
PRESS RELEASE. A South Korean blockchain-based community messenger “Nestree” has announced that it is launching an innovative and cutting-edge reward-based digital commerce platform called “Nestree Mall’. Nestree Mall is part of the roadmap of the blockchain platform that...
Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
18.6.2021
According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region....
Bitcoin, Ethereum and Altcoins Struggle to Recover
18.6.2021
Bitcoin price failed to remain stable and it extended its decline below USD 38,000. The bulls are protecting the USD 37,200 zone, but there is a risk of more downsides. BTC is currently (15:16 UTC) trading below USD 38,000 and it is facing resistance near USD 38,500.
Besides, most major altcoins...
SEC to Provide Clarity on Token Distribution, Crypto-Based ETPs - Hester Peirce
18.6.2021
Source: A screenshot, Youtube/CNBC Television
Many industry observers expect the US Securities and Exchange Commission (SEC) to tighten its regulatory grip over cryptoassets, but the move could also bring more clarity to the markets, according to Hester Peirce, one of the five...
Banking giant BBVA debuts Bitcoin trading and custody for Swiss clients
18.6.2021
BBVA Switzerland will soon begin offering Bitcoin trading to private banking clients while not providing any advisory services on crypto investments
Bitcoin pinned below $38K as investors stash record $756 billion with Fed
18.6.2021
Bitcoin bulls ducked for cover as the Federal Reserve started paying interest rate returns on cash deposits via its reverse repurchase program
Miami mayor offers city's clean nuclear power to Chinese Bitcoin miners
18.6.2021
Mayor Francis Suarez wants to make Miami a Bitcoin mining hub by offering the city’s cheap, clean nuclear energy supply
Russian oligarch Deripaska blasts Bank of Russia for ignoring Bitcoin
18.6.2021
Russia needs to move to Bitcoin to provide a “real financial instrument enabling independence in foreign trade settlements,” Deripaska argued
Bitcoin Mining Company Bitfarms to Commence Trading on Nasdaq Next Week
18.6.2021
The mining company Bitfarms has revealed the firm will commence trading on Nasdaq Global Select Market starting on June 21. The firm claims to process 1% of the global hashrate and with “99% green hydroelectricity.” Bitfarms Renewable Operations to List on Nasdaq Global Select Market...
MPs’ Bid to Amend El Slavador’s BTC Bill Raises Questions About State & Freedom
18.6.2021
The president of El Salvador, Nayib Bukele. Source: A screenshot, Instagram/nayibbukele
An audacious bid from two opposition lawmakers to amend key clauses in El Salvador’s forthcoming bitcoin (BTC) adoption law is accompanied by furious debate among the international crypto community.
Two MPs from...
Motor Team McLaren Racing Partners With Tezos to Build NFT Platform
18.6.2021
On Thursday, McLaren Racing announced the British motor racing team selected Tezos as the organization’s official partner across the Indycar series, Formula One, and esports. Tezo will create a non-fungible token (NFT) platform for McLaren Racing in order to showcase the motorsport...
Bitcoin price completes leg down to $37.4K as key indicator hits record ‘oversold’ level
18.6.2021
Another slight decline sees Bitcoin at a crossroads as sellers erode a major exchange buy wall
Camarasal Poll Shows Entrepreneurs Are Worried About Bitcoin Law in El Salvador
18.6.2021
Camarasal, a well known entrepreneur association in El Salvador, announced the results of a poll made this month. The poll shows almost 100% of Salvadorans worry about the implementation of the bitcoin tender law approved recently. Most criticize the obligatory character of receiving bitcoin...